Chinese Stimulus Package 2024. Published on 24 sep 2024 24 sep 2024 china has announced a slew of stimulus measures to boost the economy amid signs that beijing’s growth target for this year is slipping out of reach. The chinese government on friday approved a $1.4 trillion plan to revive the economy, authorizing local governments to refinance crushing debts that have left some cities.
China unveiled a 10 trillion yuan ($1.40 trillion) debt package on friday to ease local government financing strains and stabilise flagging economic growth, as it faces fresh. Is it monetary or fiscal?
